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Andy Wallin, group commercial director, Ed, has ambitious plans for a year that he admits will be defined to an extent by the heavy cat losses of 2017 and the market’s reaction to them.

The devastation wrought by natural catastrophes across the globe in 2017 and how the industry responded, and continues to respond, defined the year and will have a big bearing on 2018, according to Andy Wallin, group commercial director, Ed.

He believes the way the industry and individual companies react to these events will shape the year, and will highlight the growing importance of technology to the sector and how the industry may change.

“The lack of activity in recent years meant that many people in our market had not witnessed a heavy cat year. How brokers and carriers responded will shape many businesses’ reputations for years to come,” Wallin says.